£39,581
This estimated value is based upon the latest sale price for the house of £12,500 on 20 Dec 2001. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £12,500 | 20 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in December 2001 the House Price Index for CUMBRIA was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £12,500 results in an estimated price of approximately £39,581.
| 20 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £12,500 | £27,081 | £39,581 |
The Postcode Pricing Model uses changes in average sales price within the LA13 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 102.195 % | £12,774 | £25,274 |
| 3 Month Average | 205.677 % | £25,709 | £38,209 |
| 6 Month Average | 173.589 % | £21,698 | £34,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £60,000 | £60,000 | 7 REDWATER GARDENS |
| 28 Apr 2023 | £144,556 | £143,000 | 19 ABBOTSMEAD APPROACH |
| 14 Apr 2023 | £151,633 | £150,000 | 2 BARDSEA ROAD |
| 17 Mar 2023 | £138,303 | £137,000 | 70 CLOISTERS AVENUE |
| 17 Feb 2023 | £147,900 | £148,000 | 11 FRIARS TERRACE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 13 Apr 2015. Using an estimated price of £39,582 means this house is valued at £989 per sq meter (£91 per sq foot).
The average size of a house on REDWATER GARDENS is 69 sq meters (743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redwater Gardens |
| Dec 2023 | Other crime | Under investigation | On or near Chancel Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gleaston Avenue |
| Feb 2024 | Anti-social behaviour | On or near Gleaston Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Gleaston Avenue |